1 in 8 married couples with under-18 kids make 200k/yr or more, a doubling since 2006.

That is as of 2016, courtesy of the American Community Survey’s 1 year estimates.

1 in 10 make 150-199k per year.

Put it together and almost 1 in 4 married couples (about 22%) with under-18 kids makes $150,000 or more household income.

More tellingly, the largest single income group is $100-149,999 per year, with just under 5 million households and about 23% of the total.

Put 22 and 23 together and you get 45% of married couples with under-18 kids make 100k a year or more as a household in 2016.

A bit less than 7.5 million households bring in 50-99k per year (split about 50/50 from 50-74k and 75k-99k), which is almost exactly 33% of married folks with under-18 kids.

This means about 22% or almost 1 in 4 married couples with under-18 kids make 49k per year or less.  Not quite how the demographics of marriage are portrayed in a lot of circles, particularly on the right, where sub 50k is presented as firmly and comfortably middle class.

But in reality the true middle range for all the people married and raising kids right now is 100-150k.  This is true even in the lowest income region, the South,  at 41% above 100k.  For the Midwest and West it’s 45% and for the Northeast it’s 56%, or a clear majority.

What were things like 10 years ago in 2006?

200k- 6% nationally

150-199k- 6% nationally

100-149k- 18% nationally

75k-99k- 18% nationally (16% in 2016)

50-75k was the single largest group broken out nationally in 2006. It was 23% nationally.  It’s shrunk a lot since then and is about 17% for 2016.

So in 2006 the true middle range was more like 75k-100k, and nearly 30% of married couples with under-18 kids had sub 50k household income for the year.

In the last decade the bottom rungs are dropping out of the married with kids ladder.

Under 75k went from a slight majority of 52% of such households in 2006 to a clear minority in 2016 of 39%.

Or the other way around, in 2006 48% of married couples with kids made 75k per year or more.  In 2016, it’s 61%.

 

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6 thoughts on “1 in 8 married couples with under-18 kids make 200k/yr or more, a doubling since 2006.

  1. Whoa.

    Related: Total health care costs (employer plus employee portion) for a family of four are now nearly $26k a year.

    https://www.forbes.com/sites/danmunro/2016/05/24/annual-healthcare-cost-for-family-of-four-now-at-25826/#25ac8d5c1f52

    I feel like that goes a long way toward explaining why married parent household income is so high nowadays–you need a good job with good benefits and/or a very healthy income to compensate for the lack of Medicaid.

    Like

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